Dime, nickel or a quarter – nothing holds as great value in the market of coins as that of silver dollars. With artifacts, designing and the precious metal, silver dollar is a profound expression of luxury undefined. And with the growing popularity that silver is gaining in today’s time, it is important to notice that people who have heavily invested in silver are prone to some good returns.
Selling and purchasing of silver dollars has become a ritual for the small time investors. These fill the people with a sense of security that something flexible and easily convertible to cash exists as an investment option. But before you are ready to invest in silver, here is what you should know!
90% silver coins
These are the solicited choices of people who want to invest into silver. With purity so high, these were the most chosen composition for the U.S. dollars like dime, quarters and dollars designed before 1964. While there are exceptions of some timely coins, mostly the coins made before 1965 were designed with 90% silver composition. These prove to be great investments if you find a credible collection from a time that truly held importance in the pages of history.
American Silver Eagles
Silver investors and collectors heavily demand the American silver eagles dollars for their collection. These were special compositions that were issued by the government. With over 27 years of continuous manufacture and trading of the American silver eagle dollars, there are millions of coins rolling in the world today. The ones made in the year 1986, however, hold the most significance for investments. The bullion market buys these silver dollars in sets of 20 and heavily pays for the coins. An investment into these coins is only set to rise in the future. If you have one – you have a shining future in hand!
Morgan Silver dollars
From 1878 to 1904 Morgan silver dollars were the most popular coins to have been minted. These were composition of 90% silver and .774 troy which was beautified and released by government with high production values. As the coins got rare after the end of production, it started increasing its value. Today these are exceptionally in demand.
Investment into silver dollars needs a careful understanding of the compositions of the silver coins of the early times and finding great places to buy them. These coins have special marks and dates on them which speak of their authenticity and numismatic value.